Spotlight on Aina Nalu:

Market Update through September 30, 2019

The Pool at Aina Nalu is a calm oasis in the heart of historic Lahaina town

by Heidi Dollinger, R(S)

Located on 8.63 acres, Aina-Nalu is one of the few Airbnb vacation rentable communities right in Lahaina town, close to all the shopping and restaurants on Front St. in Lahaina, and close to Lahaina Harbor for whale-watching boat excursions, fishing, and sunset sails.  Aina-Nalu is located just a few blocks from the ocean, and a short drive to many of the most popular West Maui beaches. There is an infinity-edge saltwater pool and hot tub spa, and another smaller kidney-shaped pool, and several bbq areas with gas grills.  Amenities include a large open-air pavilion, and

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Kapalua Golf Villas: Market Overview September 2019

Kapalua Golf Villa 21P3,4 enjoys a sweeping view of the Pacific ocean and outer island of Lanai

The Kapalua Golf Villas is a popular community located in the heart of the Kapalua Resort.  Built in 1979, the property is comprised of 16 buildings on 15.84 acres.  Originally designed with one and two-bedroom floor plans, there have been some two-bedroom loft-style floor plans that were converted to three-bedroom villas.  Onsite amenities include four swimming pools and barbeque areas.  The Kapalua Resort is home to two championship golf courses, tennis, hiking, world-class dining and some of Maui's most beloved beaches.

Quick Market Overview Active Listings:

View Current Listings of Kapalua Golf

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Quick Market Overview Launiupoko Homes:

View Current Listings of Launiupoko Homes for Sale

Launiupoko Homes Active Listings

Launiupoko Homes	All	No CPR*	Main Home Lot CPR	Cottage Lot CPR
Active Listings	21	7	10	4
Volume	$92,494,000	$41,664,000	$42,736,000	$8,094,000
Low LP	$1,150,000	$2,999,000	$2,125,000	$1,150,000
High LP	$8,750,000	$8,750,000	$6,995,000	$2,700,000
Average LP	$4,404,476	$5,952,000	$4,273,600	$2,023,500
Average LP/Sq. Ft	$1,274	$1,139	$1165	$1786
Average Sq. Ft.	3696	5223	3634	1180
Average Beds/Baths	3/4	3/4	4/4	2/2
Average DOM

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Montage Residences Kapalua Bay: Condominium Listings and Sales
Market Overview September 2019

Montage Residences at Kapalua Bay
Whole Ownership Condominium Residences

When originally developed as a Ritz-Carlton Club and Residences in 2008, the property was comprised of 84 wholly-owned three and four-bedroom residences, some of the largest condominiums available in West Maui.  These residences are located in buildings 1, 2, 5 and 6 and ranged from 2,789 to 4,055 sq. ft. 

The development also included 62 smaller two and three-bedroom residences that were offered as 1/12 ownership located in buildings 3 and 4.  Since then, the property was re-branded in 2014 and all developer fractional sales were halted. 

Since being rebranded the Montage

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Market Overview: The International Colony Club

by Heidi Dollinger, R(S)

Photos courtesy of International Colony Club #20 by Dave Lower

Built in 1964, the International Colony Club was one of the very early developments on Kaanapali Hillside.  It is one of the few places in a resort community where you can own a free-standing home on Maui with condominiumized grounds, and Airbnb or vacation rent it, without the need for a short-term rental permit.   This makes it ideal for second homeowners looking to offset their operating expenses while not in residence.

The ability to vacation rent at the International Colony Club is a recent change - it is only within the last year or so that this condominium

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Pineapple Hill at Kapalua: introducing 708 Fairway Drive

Nana Doors at 708 Fairway Drive in Pineapple Hill open to the outdoors: Indoor-Outdoor living allows you to enjoy the views of the Kapalua Golf Course, the Pacific Ocean and outer island views

Pineapple Hill & Pineapple Hill Estates

Pineapple Hill was originally developed with six single-story and two-story floor plan designs, with custom homes being allowed on two or more contiguous lots.  With just 99 homesites, 13 lots ended up being utilized for these larger, custom homes.

In the early 2000's, Kapalua Resort annexed in Pineapple Hill Estates, a 31 lot subdivision.  These slightly larger homesites allow custom homes, with the main difference being the top row could have two story

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Photo: Kapalua Golf, From L- to R - Mark Rolfing, Clifford Nae'ole, Ben Crenshaw and Bill Coore at the Plantation Course

Kapalua's famed Plantation Course is home to the PGA TOUR's Sentry Tournament of Champions, an invitation-only tournament featuring an elite field of tour winners from the year before.  Consistently ranked as the #1 golf course in Hawaii, with numerous awards and accolades, playing the Plantation is a must for golfers visiting Maui.

It has been said that the course has become easier over the years for the pros, yet harder for the recreational user.  The course closed early in 2019, for an extensive refinement project with the assistance of one of the original designers, Ben Crenshaw, along with Troon's Design Development and

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Live front and center on the Beach at Kapalua Bay:

Spotlight on the Coconut Grove on Kapalua Bay

 

Introducing Coconut Grove #22

The Coconut Grove is a secluded gated enclave of just 36 private condominium residences overlooking Kapalua Bay.  Coconut Grove #22 enjoys an exceptional location at the center of Kapalua Bay.  This second-floor residence features an elevator and a garage.  It is perfectly positioned to take in Maui’s dramatic sunsets while listening to the calm waters of the Pacific Ocean.  The Coconut Grove was designed with island living in mind--pocketing doors open the living room to the spacious lanai.  This residence has been impeccably maintained and is offered move in ready with contemporary island-style furnishings and

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Maui needs your help to continue Third Saturday Recycling every month next year.  Just a few minutes of your time can make a huge difference for Maui's ecological future.

Volunteers recycling appliances, TVS and scrap metal as part of West Maui's Third Saturday   The Mayor’s proposed budget for next year includes just half the funds needed for Third Saturday Recycling. Unless the County Council increases the funding, these monthly events will only be held every other month starting in July.    This is an incredible service to West Maui residents, run largely by volunteers and Malama Maui Nui.  Since the Third Saturday Recycling program began in July 2015, Malama Nui has collected over 500…

Spotlight on the Maui Kai: Real Estate Market Overview

By Heidi Dollinger

At the ocean’s edge, Maui Kai is in an ideal location for those who enjoy walks on beautiful Kekaa Beach, one of Kaanapali's long white sand beaches.  The Maui Kai is a ten-story building with 80 units total, all with direct ocean views.    

There are currently five active listings for Studios at Maui Kai (395 SF – 420 SF).  List prices range from $479,000 to $498,000. The last sale of a studio at Maui Kai was Maui Kai 506, which closed at $475,000 on 2/1/2019.  There is currently (1) unit pending under/ contract, a 1-Bedroom, Maui Kai 605, listed at $625,000. 

There are just three active 1-Bedroom listings:
Maui Kai 405 offered at $599,000
Maui Kai 301 offered at

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